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A recent Report by the National Association of Estate Agents (NAEA) and Association of Residential Letting Agents highlights the likely impact that the impending EU referendum will have on the property market. The report not only highlights the current uncertainty that the impending EU referendum is having on the property market. It also outlines what the impact is likely to be if the UK votes to remain or exit the EU. The headline figures that UK
Late on Friday before the bank holiday weekend, OFGEM published its "Deemed Scores" consultation which, if accepted, will be implemented in April 2017. Elmhurst has already made its views on deemed scores widely known with articles published in February and March. In essence the consultation will only take account of the: Property type (flat, terraced house etc) and size (number of bedrooms) The primary heating system and fuel (central or room heating / mains gas or
The BBC and other media outlets were quick to report a "property sales dive" for April 2016, blaming changes in buy-to-let tax legislation for a disappointing 84,280 sales (14.5% lower than the same month last year). However delving beneath the headlines you will see that there is no reason to panic as April's results came off the back of an outstanding March where sales peaked at 153,700. In fact if you compare March - April 2015 (at 189890) with
The DCLG have today issued a consultation document which could result in important changes to the EPBD accreditation scheme, and the Scheme Operating Rules that support it. After a quick read, Elmhurst welcomes the consultation as it appears to be introducing some aspects, such as smart auditing, that we have been campaigning for. It is also good news as it gives Elmhurst Members an opportunity to input. However the "devil may well be in the
Examining industry approaches, tools and behaviours, the UK Green Building Council Task Group focused on how to maximise building performance, not just in terms of energy, but also other aspects of performance that impact both the building user and the wider environment. The report aims to highlight improvements that design, construction and property professionals, in addition to occupiers, may adopt to deliver buildings that perform more predictably in operation. The findings of the report have
Elmhurst Energy, has announced two appointments in the organisation, with Amarpal Sihra (pictured left) appointed as Head of Commercial and Paul Mayne (pictured right) appointed as Head of Operations. Prior to joining Elmhurst Energy, Amarpal Sihra was involved in a number of different business ventures, including a business offering Energy Performance Certificates for Domestic and Non-Domestic buildings. This technical experience has contributed to his successful management of Elmhurst’s Non-Domestic and On Construction Business Units over
Elmhurst recognises that new build homes are better from an energy point of view than the vast majority of existing homes. In fact the Department of Communities and Local Government (DCLG) recently released statistics that show that 75% of new builds are ‘A’ or ‘B’ rated on the Energy Performance Certificate (EPC) scale and only 12% of existing dwellings are the same. However the statistics also show a worrying trend for the new build industry
The current Government demanded that the house builders built 1 million new homes in this parliament; to date they have hit 180,000 in 2014/15. This according to Government is not enough and the House Building Federation (HBF), whose members include most of the volume house builders have signalled a new intent. HBF note that house builders have increased output significantly since the recession, but a new target of doubling new builds by 2020 is achievable.
Some interesting news has arisen that Government are concerned at the length of time it takes to buy a property in England and Wales. An enquiry is to start in the next few weeks whose aim is to investigate the issue of length of time and the possibility of ‘gazumping’; which according to HM Treasury costs us £270million a year on failed house transactions. Clearly one option could be to use the model that is
Following feedback from industry stakeholders, Ofgem has now published its formal response to the ECO2 consultation on the requirements for overwriting U-Values for cavity wall insulation (CWI) measures. The new policies outlined in Ofgem’s Consultation Response Document will apply to all CWI measures with overwritten U-Values installed from 1st June 2016. To read the response document in full please click here During the consultation a number of approaches were considered which could provide Ofgem with